Global Technology & Services

1. Global Technology & Services TEC Strategy 2000+ A Vision for Deutsche’s Advanced Technology Group

2. TEC - Sequence of Successful High Tech Stories Lotus Notes Internet Banking & Broking Mobile Banking/ M-Commerce Virtual Bank EDI GlobalNetCard Business TV Gesture Computing 1992 1993 1994 1995 1996 1997 1998 1999 Firewall Internet Cafe SET Deutsche Bank Web presence Agents (e.g. Cor@) db-eCash Network Computing

3. Global TEC - The Advanced Technology Group Global Head of TEC 1 TMS, 1 TT, 3 TC, 2 VC 3 TMS, 2 TT, 8 TC, 2 VC 2 TT, 1 VC New York Eschborn GCI, GIS, P db-group P, db24, AM, CORE, GCI, GTS, db-research San Francisco GCI (BT Alex Brown), db-group Established 8/99 Established ‘92 Opening Jan 9th, 2000 TMS = Top Management Support (15%) TT = Think Tank (19%) TC = Technology Consulting (42%) VC = Venture Consulting (19%) (% of MAK, Total 26, plan for 2000)

4. TEC brings Social Agent ‘Cor@’ to the Web

5. TEC brings Advanced Technologies to the Bank’s Website

6. TEC‘s 1999 internal structure Customers Top Management Business Units Think Tank MoB, COO,... DB24, Private Banking, CORE, GCI Universities, Research Labs, Vendors,.. Technology Staff Support (Cost Center) Technology Consulting (Profit Center) Research (Cost Center) Requests: • quick response • high quality • technology partnerships • contact point into the bank Projects/pilots: • deliverables • deadlines • project management • costs, quality, time • ... Competence centers: • cooperation • product evaluation • visionary • ... TEC – The Advanced Technology Group Competence Areas High Tech Marketing & Missionary Work IT-Architecture eCommerce Lobbyism Security Relationship Technologies Banking operations Telecommunications

7. Technologies Research covers broad range of technologies Flexibility Ability to research unknown technologies Contacts GTS products and organization Think Tank Research of future technologies (3-5 years) Market Knowledge European and US (near future) IT market Research Reports Technical add on to financial company research papers of DBAB Central Point of Contact Provide contacts for DBAB customers to GTS and supervise resulting projects Technology Forecast Customized technology reports of emerging technologies and markets Start-up detection Analysis of promising Start ups and recommendation of these companies to DBAB Man Days Research reports will be charged upon the actual time spent Free / Man Days Free service to provide contacts, charge by days to supervise projects Flat Fee / Man Days Customized reports are sold for a fixed price, new forecasts are charged upon actual effort Share the Success Revenues depend upon the success of the engagement (investment, IPO) Research Investment Banking Venture ConsultingTEC services for the Investment Bank & more Our Strengths facilitate Services to create Revenues from our Alex. Brown Technology Group, Corp. Finance, Venture Funds Customers

8. Organizational Structure of TEC 2000 Global Head of TEC Regional Responsibilities (Eschborn, New York, San Francisco) Top Management Support IT - Focus Business - Focus 4 Think Tank Technology Consulting 5 11 Venture Consulting 5

9. Clients Clients Clients The Five Facets of TEC are … Leading to Results! Top Management Support Ideas and direction, advanced technologies market view, research results Information on state-of-the-art technology projects Advancedtechnologiesmarket view TEC Venture Lifecycle TEC Project Lifecycle Ideas to initiate Projects Successful projects lead to innovative products Think Tank Technology Consulting Venture & Product $ Feedback on develop- ments, trigger for new venture capital projects Feedback on feasibility of technologies Venture Consulting Venture Equities Feasibility studies

10. 3-Layer-ConceptDiversity of topics requires different approaches Technology Consulting Video-/Voice- over-IP Top Management Support Mobile Office Research Biometrics TEC Internet Screenphones Wearable Computing GTS TEC Technology News TEC in brief TEC virtual finance newsletterTEC startup newsletter TEC demo Synthetic Characters/ Agents GBDe Mobile Banking Researchbuilds knowledge pool Top Management Supportensures visibility Technology Consultingfertilizes organization (+ earns money)

11. TEC 2000: The Five Facets of TEC Facet Tasks Clients Man Power P / L Top Management Briefings Top Management 4 Cost Center - Lobbyism - Support Think Tank TEC research Top Management, Private 5 Cost Center - Prototyping - Banking, db24, Core, AM, Technology evaluation - GCI, GTS, Alex Brown (emphasis on tech matters) External relations - ‘ What‘s hot and new?’ - e-publications Technology seal ‘future-proof by Private Banking, db24, 11 Profit Center - Core, AM, GCI, GTS, TEC’ Consulting acquire projects - external clients - project management technology assessment - (emphasis on business sense) Venture - Alex Brown, GCI, DVCG, 5 Profit Center Analysis of startups and new products of innova-tive market players (is the technology viable?) Corporate Finance, external clients Consulting

12. Value ChainTEC – The Advanced Technology Group Process Observation, Screening Assessment Concept/ Analysis (Extended) Pilot Evaluation Reporting/ Requirements Feedback Tools Info-Database, Vendor + Inhouse Relationships RapidPrototypes SWOT-Analysis Customized Pilots Performance, Usability Tests, Feasibility Feedback via Relationship Channels Partners Business Units,Start-ups, Research Institutes Vendors, Service Providers External Info Providers, Business Units Vendors, Business Units Business Units Vendors Results Proposal Demo TEC in brief, Briefing, Benefit for DB (in depth) Demo Test Report Briefing ManagementReport,ImprovementProposal, Integrability

13. Extended Hypecycle 1999 Key “Time-to-Maturity”Will reach “Plateau” in: less than 2 years 2 to 5 years 5 to 10 years more than 10 years Visibility Portals Linux Jini Biometrics Knowledge Mgt Bluetooth Java Language Synthetic Characters XML PDAs Voice over IP Data Mining xDSL/Cable modems Web Mining eCash Push Speech recognition Text Mining Wearable Computers Micro- payments Smart cards VRML Digital Ink Technology Trigger Peak of Inflated Expectations Trough of Disillusionment Slope of Enlightenment Plateau of Productivity Maturity

14. IT-Strategy eCommerce • Competence Center for MobileComputing • Joint Initiatives (DFKI FairPay) • True Virtual‚Banking‘ Initiative • ElectronicCommerce Strategy • Convergence of On-/Offline Media • New Electronic Payment Systems • eCommerceLobbyism(GIP, GBDe) GTS - The Advanced Technology GroupActivities Overview www.tec.eur.deuba.com New IT-Architecture New TelcoTechnologies Security RelationshipTechnologies • Mobile/StationaryConsumer Devices • New Public Terminals (VirtualTouch Screens) • Innovative User Interfaces • Human LanguageTechnologies • Evaluation of Network Computing • Emerging Standards(XML, Linux) • Knowledge-basedtechnologies(intelligent agents) • Video over IP • Business TVat Desktop • Voice over IP • Streaming Video • Wireless LAN • Mobile Banking • Open-OS Chipcards • Multifunctional cards • Biometrics • Security for opennetworks

15. Selected ProjectsMobile Banking & Brokerage using WAP • Goals: • Banking transactions • Brokerage functionality • Access to WAP based services from other content providers (e.g. Lufthansa, Deutsche Bahn, Yahoo...) “Bring the content of the internet to mobile devices”

16. ATG SurveyGroup Styles GTS/TEC Scholar Navigator Con- ductor Technology- Focused Guerrilla Focus Priest Business- Focused Activities Hands-on Strategic Planning

17. Global Technology & Services GTSTechnology Research & Strategy TEC For further information: • GTS Homepage: http://www.gts.db.com • TEC Homepage: http://www.tec.eur.deuba.com • Dr. Lutz Kolbe: Advanced.Technologies@db.com Tel.: 069 910 65636 Fax.: 069 910 68211